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Michelin Implements Price Increase on Select Commercial Offers in the North American Market

Michelin impliments in United States and Canada due to changing business dynamics of the North American markets effective on March 1, 2021.

  • Commercial Services;
  • select commercial offers to fleet customers;
  • select material handling products;
  • and select wheels,

Price changes vary by country across specific products and services based on the highly dynamic market conditions in the supported customer industries. Details will be Michelin presented directly to dealers and fleet customers with additional questions addressed directly through account managers.

About MICHELIN NORTH AMERICA

Dedicated to the improvement of sustainable mobility, Michelin designs, manufactures and sells tires for every type of vehicle, including airplanes, automobiles, bicycles, earthmovers, farm equipment, heavy-duty trucks and motorcycles. Michelin also offers a full range of innovative services and solutions that help make mobility safer, more efficient and more environmentally friendly. To create unique mobility experiences, publishes travel guides, hotel and restaurant guides, maps and road atlases. Headquartered in Greenville, S.C., Michelin North America, Inc. employs more than 20,000 people and operates 19 major manufacturing plants in the U.S. and Canada.

Michelin was incorporated on 28 May 1889. In 1891 Michelin took out its first patent for a removable pneumatic tyre which was used by Charles Terront to win the world’s first long-distance cycle race, the 1891 Paris–Brest–Paris.

In the 1920s and 1930s, Michelin operated large rubber plantations in Vietnam. Conditions at these plantations led to the famous labour movement Phu Rieng Do Michelin’s domination of the supply of rubber in French Indochina led to the Phu Rieng Do strike in 1930. This resulted in France investigating Michelin’s treatment of workers on its rubber plantations.[6]

In 1934, it introduced a tyre which, if punctured, would run on a special foam lining, a design now known as a run-flat tyre (self-supporting type).

developed and patented a key innovation in tyre history, the 1946 radial tyre, and successfully exploited this technological innovation to become one of the world’s leading tyre manufacturers.[7] The radial was initially marketed as the “X” tyre.[8] It was developed with the front-wheel-drive Citroën Traction Avant and Citroën 2CV in mind. Michelin had bought the then-bankrupt Citroën in the 1930s. Because of its superiority in handling and Michelin fuel economy, use of this tyre quickly spread throughout Europe and Asia.[7] In the U.S., the outdated bias-ply tyre persisted, with market share of 87% in 1967.[7]

In 1966, Michelin partnered with Sears to produce radial tyres under the Allstate brand and was selling 1 million units annually by 1970

This news is conveyed to prattle prattle news through a press release

By PR Newswire

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